Sage-Tips

How much loan can a Central Government employees get?

You can borrow up to Rs. 25 lakhs under the facility of personal loan for government employees. Attractive rate of interest starting at 11.99\%. Choose repayment tenures anywhere between 12 months and 60 months as per your convenience.

Do government employees get loan?

Government employees can avail loans from banks such as Oriental Bank of Commerce, HDFC Bank, Axis Bank, and State Bank of India for interest rates starting from as low as 10.6\% p.a. While Union Bank of India levies no processing charges, a few others levy 0.5\% to 3.99\% of the loan amount as processing charges.

Can a retired govt employee get loan?

Yes, a retired person can borrow a home loan from a bank in which he/she has a pension account. The home loan tenure could be up to 15 years or till the applicant reaches 70 years of age, whichever is earlier.

Can a government employee get a home loan for a home?

Home Loans for Government Employees Mortgages for Champions is proud to offer special home loans for government employees. With the special loans we offer, government employees are eligible for special rates and have much of the extra paper work, red tape and extra costs reduced.

Can a government employee get a cash out refinance?

Refinance Programs also provide a cash-out refinance mortgage (for any reason) up to a 85.00\% loan to value. For more information on special home loans for government employees, please fill out the form on this page, or call us at +1 (800) 601-1917.

Do you offer special loans for government employees?

With the special loans we offer, government employees are eligible for special rates and have much of the extra paper work, red tape and extra costs reduced.

What is govloans?

What is GovLoans.gov? GovLoans.gov is an online resource to help you find government loans you may be eligible for. It is not an application for benefits and will not send you free money.